https://www.taxtmi.com/caselaws?id=385891 The tribunal allowed the appeal filed by the assessee and deleted the disallowance of the deduction claimed under Section 54F. The appellant was entitled to a deduction under Section 54F despite the property being purchased through a registered sale deed executed after the prescribed due date, based on the judgment of the Karnataka High Court. The tribunal held that the appellant should be allowed the deduction to the extent of Rs. 70,84,063, as the investment in the new residential house was made within the stipulated time frame. en-us Fri, 13 Sep 2019 00:00:00 +0530 Mon, 16 Sep 2019 12:17:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385891 The tribunal allowed the appeal filed by the assessee and deleted the disallowance of the deduction claimed under Section 54F. The appellant was entitled to a deduction under Section 54F despite the property being purchased through a registered sale deed executed after the prescribed due date, based on the judgment of the Karnataka High Court. The tribunal held that the appellant should be allowed the deduction to the extent of Rs. 70,84,063, as the investment in the new residential house was made within the stipulated time frame. Case-Laws Income Tax Fri, 13 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385891